Jobs returns to Work as Apple CEO after Medical Leave

Steve Jobs is back at work at Apple Inc., returning to his job as chief executive officer as planned after taking medical leave in January.

“Steve is back to work,” said Steve Dowling, a spokesman at the Cupertino, California-based company. Jobs is at Apple a few days a week and working from home the rest of the time, he said. “We are very glad to have him back.”

Jobs’s return may reassure investors concerned that he was too sick to continue as CEO, said Gene Munster, an analyst with Piper Jaffray & Co. in Minneapolis. Jobs, a cancer survivor, said in January he would resume his daily duties at the end of June. Jobs’s doctors disclosed last week that he had a liver transplant and said he is recovering well.

“It should give investors confidence in Apple’s three-to- five-year road map,” said Munster, who recommends buying the stock and doesn’t own it. “Having Steve Jobs back means they got the visionary back.”